The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007.
According to the report: “California written premium reported for the first quarter of 2007 is estimated at $4 billion, approximately 17 percent below the written premium reported for Q1 of 2006. The average statewide insurer rate per $100 of payroll for policies written in Q1 is $2.93, 23 percent below the average rate charged for the first six months of 2006 and 55 percent below the average rate charged in the second six months of 2003.”
To view the full report, visit https://wcirbonline.org/resources/data_reports/pdf/073103_insurer_exp_report.pdf.
Topics Trends California Workers' Compensation Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
AI for the Defense: Should Insurers or Law Firms Pay? 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Business Interruption Claims Arising From the Middle East Conflict From This Issue
